Stock Watch
WATCH: Stock picks — Alimentation Couche-Tard and Alibaba
Jean Pierre Verster from Fairtree Capital and Deryck Janse van Rensburg from Anchor Securities talk to Business Day TV
12 June 2019 - 12:59
Jean Pierre Verster from Fairtree Capital chose Alimentation Couche-Tard as his stock pick of the day and Deryck Janse van Rensburg from Anchor Securities chose Alibaba.
Verster said: “My stock pick is based in Canada, Quebec, and the company is called Alimentation Couche-Tard. A couche-tard is, apparently, a night owl. Now this company owns many 24/7 convenient stores in Canada and is also integrating US-based stores at the fuelling stations across the US, as well as Scandinavia and the Baltic countries.”..
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